I need help with this one please, thank you. mework Problems iSavedFixed selling and administrative333,000Total fixed costs$ 1,257,000Required:1. Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill.2. Assume that the company uses variable costing. Prepare a contribution format income statement for last year.3. What is the company's break-even point in terms of the number of barbecue grills sold?Complete this question by entering your answers in the tabs below.Required 1Required 2Required 3Assume that the company uses variable costing. Prepare a contribution format income statement for last year.Chuck Wagon Grills, IncorporatedVariable Costing Income StatementSales$ 4,662,000Variable expenses:Variable cost of goods sold$ 3,330,000Fixed manufacturing overhead3,330,000Contribution margin1,332,000$ 1,332,000< Required 1Required 3< Prev8 9of 9Next > mework Problems iSaved!Required information[The following information applies to the questions displayed below.]Chuck Wagon Grills, Incorporated, makes a single product-a handmade specialty barbecue grill that it sells for $210. Datafor last year's operations follow:Units in beginning inventoryUnits produced26,40022,200Units soldUnits in ending inventoryVariable costs per unit:4,200Direct materials$ 50Direct labor80Variable manufacturing overheadVariable selling and administrative2010Total variable cost per unit$ 160Fixed costs:Fixed manufacturing overheadFixed selling and administrative$ 924,000333,000$ 1,257,000Total fixed costsRequired:1. Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill.2. Assume that the company uses variable costing. Prepare a contribution format income statement for last year.3. What is the company's break-even point in terms of the number of barbecue grills sold?Complete this question by entering your answers in the tabs below.Required 1Required 2Required 3Assume that the company uses variable costing. Prepare a contribution format income statement for last year.Chuck Wagon Grills, IncorporatedVariable Costing Income StatementSales$ 4,662,000Variable expenses:Variable cost of goods sold$ 3,330,000Fixed manufacturing overhead3,330,000Contribution margin1,332,000< Prev8 9of 9Next >

Unit Product Cost = (Total Variable Cost + Total Fixed Cost) / Total number of units produced.…

-mework Problems i Saved ---- --- ---- Fixed selling and administrative 333,000 Total fixed costs $ 1,257,000 Required: 1. Assume that the company uses variable costing. Compute the unit product cost for one barbecue grill. 2. Assume that the company uses variable costing. Prepare a contribution format income statement for last year. 3. What is the company's break-even point in terms of the number of barbecue grills sold? Complete this question by entering your answers in the tabs below. Required 1 Required Required 3 Assume that the company uses variable costing. Prepare a contribution format income statement for last year.